nothng makes my heart pitter patter like a big insider buyon july 27, 2023, the president chris bakker exercised 380,000 out of the money warrants at .80 to increase his personal holdings of avanti to 1,940,980 shares
now wny would someone exercise optons out of the money when he could have bought the stock on the open market for less
two reasons, the first being he knows .80 is a joke and that will be a pittance to where the stock will be trading in a few months and secondly he put almost 300,000 into the company treasury with no commission payments or anythng else just straight cash
the boys will need a little walking around money until cash flow kicks in another 7-9 months so this will pay a few bill without the necessity of anymore dilution.